Today, on June 26, the presentation of the 2012 audit results performed at the Ministry of Finance and Economic Development of the Autonomous Republic of Adjara took place at the State Audit Office of Georgia. As a result of the financial and compliance audit, cases of violations and non-economic expenditures were revealed.
Because of the mortgage of the privatized property and due to the non-fulfillment of the responsibilities envisaged by the privatization agreement, it was impossible to cancel agreement within the framework of the three cases and also was impossible to return the property of 5 million 10 thousands USD to the state.
EBRD allotted 3 million EURO loan for the implementation of the Solid Waste Management Project of the Autonomous Republic of Adjara. As a result of the ineffective work, the utilization of the allotted by the EBRD loan did not take place and thus, only 85. 000 GEL was paid as liability during 2011 and 2012 years.
The agreement was also signed with the Ltd. “LUFTHANSA CONSULTING GMBH” in order to study the potential of the aviation market in Adjara. The cost of this study was 310, 000 EURO. The agreement envisaged three stages of service.
After the first stage, LUFTHANSA CONSULTING GMBH found out that the creation of the new aviation company would not have been effective in Batumi, but despite this fact the agreement was prolonged and 155, 000 EURO was spent inappropriately.
